Could tracker-type mortgages stage a comeback?
Avant Money is launching a new variable-rate mortgage product which is benchmarked against a key eurozone lending rate.
Sound familiar? Tracker mortgages, in which the rate you pay shadows the European Central Bank rate, were once hugely popular in Ireland, but the banks stopped offering them over 15 years ago. Avant is calling its new variable-rate mortgage product the Flex Mortgage.
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Could tracker-type mortgages stage a comeback?
https://www.irishexaminer.com/business/economy/arid-41601571.html
